Purpose
To hold money deposited by a non-profit hospital service corporation. For each 1,000 or fraction of 1,000 members, $100 shall be deposited, NTE $2,000. These deposits are liable for the payment of all judgments against such corporations. Upon payment of a judgment, the amount shall be immediately replenished.
| Classification | Group 08: Trust Funds [?] |
|---|---|
| Depository Interest | Credited to General Revenue Fund (0001) |
| Disposition of Balance | Accumulative |
| Appropriation Technique | Not appropriated for state expenditure. |
Administering Agencies
Note
USAS Values
| USAS Title | GROUP HOSPITAL INS CO TR ACCT |
|---|---|
| Consolidated Fund | |
| State Fund Group | 08 - TRUST FUNDS |
| USAS Status | I |
Those funds created to account for assets held by the state in a trustee capacity for individuals, private organizations or other governmental entities